Multnomah County, OR Housing Market Brief
county · OR · as of July 2026
What is Multnomah County, OR’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Multnomah County, OR in its market cycle?
Multnomah County, OR is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Multnomah County, OR?
Our model forecasts Multnomah County, OR’s home prices to rise about 2.3% over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Multnomah County, OR housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $538K | ▼ -0.4% |
| Median Days on Market | 11 days | ▼ -8.3% |
| Months of Supply | 2.8 | ▼ -9.7% |
| Homes for Sale | 2,437 | ▼ -12% |
| Homes Sold | 864 | ▼ -2.5% |
| Median Price / Sq Ft | $320 | ▲ +0.7% |
How has Multnomah County, OR’s Alpha Score moved?
Markets like Multnomah County, OR
- Clackamas County, OR, ORcounty38
- Hamblen County, TN, TNcounty39
- Douglas County, OR, ORcounty38
- San Benito County, CA, CAcounty36
- Lane County, OR, ORcounty40
- Yuba County, CA, CAcounty43
- Bedford County, TN, TNcounty42
- San Joaquin County, CA, CAcounty41
- Douglas County, WA, WAcounty40
- Napa County, CA, CAcounty36
Frequently asked questions
Is Multnomah County, OR a buyer's or seller's market?
As of July 2026, Multnomah County, OR is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Multnomah County, OR?
The median sale price in Multnomah County, OR is $538K, having held roughly steady over the past year.
How affordable is Multnomah County, OR?
Multnomah County, OR scores 13 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Multnomah County, OR's Alpha Score?
Multnomah County, OR's strongest dimension is Inventory Health (51/100) and its weakest is Affordability (13/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Multnomah County, OR? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.